Wedbush Securities

Apple Inc (NASDAQ: AAPL) moved forward with its preparations to relocate part of its manufacturing outside of China. This includes major iPhone assembly plants that have been routinely interrupted by China's strict COVID-19 regulations, with large worker protests in November...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is likely using the bots issue as a scapegoat to walk away from his $44 billion deal to buy Twitter Inc (NYSE: TWTR) or negotiate a lower price, according to Wedbush Securities analyst Dan Ives. What...

Tesla Inc (NASDAQ: TSLA) investors would be focused on what the “brutal” three weeks of production halts in China mean for the rest of the year, according to Wedbush Securities, as the electric vehicle firm reports first-quarter earnings after the bell on Wednesday. The...

Tesla Inc (NASDAQ: TSLA) could exit this year with a 2 million unit run-rate for deliveries as two of its key factories, Giga Berlin and Giga Texas, come online, according to Wedbush Securities analyst Dan Ives.  The Tesla Analyst: Ives has maintained an Outperform rating and a $1,400 a...

Uber Technologies, Inc (NYSE: UBER) reported net income of $892 million for the fourth quarter, while sales exceeded views. The company expects first-quarter adjusted EBITDA to be between $100 million and $130 million. On CNBC’s "Closing Bell," Dan Ives of Wedbush Securities said...

Tech stocks still have upside left in them, Wedbush analyst Daniel Ives said in a note Sunday, while acknowledging the supply chain issues plaguing underlying businesses in the short term. What Happened: Ives said that the “tech rally has legs well into 2022 given stellar growth...

Wedbush analyst Daniel Ives expects Microsoft Inc (NASDAQ: MSFT) to deliver another “Picasso-like masterpiece” quarter next week with numbers exceeding Street estimates. The Microsoft Analyst: Ives maintained Wedbush’s “Outperform” rating and raised the 12-month price...

Tesla Inc’s (NASDAQ: TSLA) robust third-quarter deliveries — that came despite an ongoing semiconductor shortage and global logistics issues — will help the electric vehicle maker deliver an earnings beat when it reports results on Wednesday after the closing bell, according to...

Tesla Inc’s (NASDAQ: TSLA) annual shareholder meeting scheduled to be held at the Gigafactory Texas in Austin is taking place on Thursday and as per Wedbush Securities, the Elon Musk-led company will set the groundwork for the electric automaker’s story for the coming year at the...

Investors in Reddit-favorite stocks such as AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB), GameStop Corp. (NYSE: GME) and Bed Bath & Beyond Inc. (NASDAQ: BBBY) should focus on the upcoming inflation data that will be published this week, according to an analyst....

Nikola Corp (NASDAQ: NKLA) has received an upgrade from Wedbush as most of the “negative catalysts” have played out.  The Nikola Analyst: Wedbush analyst Daniel Ives changed his rating to Neutral on Nikola from the previous Underperform and upped the price target to...

Tesla Inc (NASDAQ: TSLA) is on track to meet the delivery target of 500,000 units for the year, according to Wedbush analyst Daniel Ives. The Tesla Analyst: Ives has a Neutral rating on the Tesla stock and a 12-month price target of $715. In a bull-case scenario, the stock could...

The regulatory crackdown on Chinese “tech stalwarts” such as Alibaba Group Holding Ltd (NYSE: BABA) is favorable for the so-called FAANG stocks, according to Wedbush analyst Daniel Ives. What Happened: Ives theorized in a note Monday that the decoupling between the United States and...

Apple Inc (NASDAQ: AAPL) is experiencing an iPhone 12 “supercycle” and seeing “major tailwinds,” not seen since 2014, which could propel the tech giant’s stock to $200 levels, according to Wedbush Securities. The Apple Analyst Wedbush analyst Daniel Ives...

Tesla Inc (NASDAQ: TSLA) is likely to achieve its million delivery units target by 2023, with 2022 not out of the question, Wedbush Securities said — ratcheting up its bull-case price target for the automaker from $800 to $1,000. The Tesla Analyst: Daniel Ives maintained a Neutral rating on...